Legal & General (L&G) has launched a discounted gift scheme that could potentially reduce the amount...
Legal & General (L&G) has launched a discounted gift scheme that could potentially reduce the amount of an individual's estate liable for IHT by making a gift of capital with regular income payments available. The scheme combines the discounted gift trust and the discounted gift portfolio bond, which offers customers a choice of 250 funds. L&G said it has launched the scheme on the back of research that shows most people do not know that making gifts during their lifetime can be an effective way of planning for IHT. With house price inflation set to continue, people are being stung by IH...
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